Vineyard goes on market

LISTED company Murray River Organics has put its Fifth Street, Merbein, vineyard in the market as the company embarks on a turnaround plan.

Murray River Organics appointed a new chief executive last November and a new board was installed in January.

The company is reviewing both core and non-core assets and has appointed Colliers Inter­national to canvass interest in the Fifth Street Vineyard, which has 179 acres of table grape plantings.

“Colliers is currently canvassing the market generally to see if there are any expressions of interest on the table grape vineyard at Fifth Street,” a company spokesman said.

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